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800 Manor Dr - Greenbriar Treatment Center 30,775 SF Health Care Building Offered at $10,407,000 at a 9.50% Cap Rate in Washington, PA 15301

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EXECUTIVE SUMMARY

CBRE is pleased to present to qualified investors the opportunity to acquire GRC Advanced Recovery Network’s Inpatient Facility located at 800 Manor Drive, Washington, PA 15301 (the “Property”). Also known as the Gateway Rehabilitation Center, the Property is a 40,519 SF, 2-story, 62-bed inpatient medical facility that is a 100% occupied net lease that runs through June-2032. The Property resides on a 3.10 acre parcel and is serviced by an adjacent 57 space surface parking lot.
GRC Advanced Recovery Network is a network of addiction and mental health disorder treatment facility that specializes in drug & alcohol detoxification and inpatient rehabilitation services to the greater Pittsburgh MSA. There are currently 17 locations throughout the Pittsburgh MSA, with 800 Manor Drive being one three inpatient detoxification facilities. Other services offered by the GRC Advanced Recovery Network includes outpatient rehab, clinical workplace training, and recovery support services.
As of July-2022, Gateway Rehabilitation Centers acquired the Greenbriar Treatment Centers from the Washington Health Hospital System. As leading providers of drug & alcohol related health services in the Pittsburgh MSA, the merger has enabled communities and individuals to have a streamlined and centralized system to coordinate care for patients while continuing to have access to high quality addiction and recovery treatments at a reasonable cost. They recently rebranded both companies as GRC Advanced Recovery Network.
The Property is located directly off Interstate 79, which provides immediate connectivity to Interstate 70 and Route 19, which act as the main thoroughfares throughout the entire Pittsburgh MSA. This premier location and accessibility provides easy access for employees, patients, and visitors regardless of their location in the Pittsburgh MSA and has access to suburban communities, Downtown Pittsburgh (29 Miles) and Pittsburgh International Airport (34 Miles).

PROPERTY FACTS

Price $10,407,000
Price Per Bed $167,855
Sale Type Investment
Cap Rate 9.50%
Property Type Health Care
Property Subtype Rehabilitation Center
Building Class C
Lot Size 3.10 AC
Building Size 30,775 SF
No. Beds 62
No. Stories 2
Year Built 1965
Zoning C - Commercial

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6000050700000300
Land Assessment
$529,700
Improvements Assessment
$5,330,800
Total Assessment
$5,860,500
  • Listing ID: 34863655

  • Date on Market: 2/18/2025

  • Last Updated:

  • Address: 800 Manor Dr, Washington, PA 15301

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